This piece totally misreads the temperament of actual builders imo. The author confuses a malicious will to power with a genuine, if sometimes naive, optimism that code/crypto can solve human coordination problems.

I think both things can be true simultaneously. Like in the Russian Revolution, there can be a mass of people motivated by a sincere, if naive, optimism in a new way to organize society, but they can get used by people like Lenin and Stalin who were primarily motivated by their thirst for power.